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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > Anyone selling into this strength
View:
Post by blackace on Feb 11, 2022 4:54pm

Anyone selling into this strength

clearly doesn't see the macro picture ahead for energy.  This firm and stock is heading back to $60 in the next 24 months.
Comment by lashing on Feb 11, 2022 8:41pm
Thats conjecture. I adveraged 20.62 chare price and held when this tanked to $3 and change. It was brutal and I simply held to much VET. So when the chance was here for the 3rd time in a month to get out with a wee bit of profit I took the cash off the table. Sure, its probably going up, but I was ruined at one point and I'm not 19 years old. Preservation in tact and I stil participate in any ...more  
Comment by Gord_Alberta on Feb 11, 2022 8:59pm
I am 65 years old; was also down big bucks for years & thinking about getting out soon at a reasonable profit. I bought for the dividends (which vanished), so presently pondering my next move. The good news is that VET is only 4% of my portfolio.
Comment by byloselhir on Feb 12, 2022 9:35am
Same here, i have a limit sell order in already for some to cut my cost and hold the rest long term, i got screwed on the takeover of Spartan Energy which i owned and i ended up with an out of pocket cost of $48 a share, bought more in the mid 2's to reduce it to $6, lost count of how many i had that just went belly up and i lost everything so i am not going to risk holding on to it all, like ...more  
Comment by EnergyWatcher55 on Feb 12, 2022 1:32pm
Thats a smart move. VET is way too volatile!